Making It in Manufacturing: Becoming Lean to Compete Globally
- Authors:
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Publication Date:
December 2005 -
Report Number:
A-0172-05-EA
Mid-size companies share several practices that help them keep at least some operations in the United States while staying competitive in a global market. These approaches include:
- developing a unique product or competence that allows for growth;
- building a process within your business that allows them to make a better product;
- investing in capital equipment;
- building an organization centered on learning and value generation;
- making education and training your mantra;
- being nimble; and
- investing in technology that breaks down walls.